Affordable e-commerce platform Brandless is closing its doors, having been valued at $500m in a round backed by SoftBank Vision Fund and GV.

Pidilite Industries led a $40m round for Pepperfry that included existing backer Bertelsmann, lifting the furniture retailer's overall funding to $235m.

Each Friday the Global Corporate Venturing Deal Net rounds up the week’s smaller deals and tracks the emerging companies accessing corporate funds.

SoftBank Vision Fund doubled its participation in the childcare retailer's series E round to $300m, with a further $100m expected early next year.

Grace Beauty Capital was among the investors in a round that lifted the military-grade personal care brand's total funding to almost $20m.

The Target-backed mattress and bedding brand is floating at the bottom of its range, at a valuation of less than half that of its last funding round.

Deutsche Telekom Capital Partners and Rocket Internet contributed to a $13.3m round that will help the deals-focused e-commerce company grow in the US.

Eight months after Grace Beauty-backed Harry’s agreed to an acquisition by Edgewell for $1.37bn, the US antitrust agency has sued to block the deal on competition grounds.

The University of Bristol-led incubator now has more than 80 portfolio companies, which posted a combined turnover of $77m during 2019.

The Advance Publications, LVMH and IMG-backed e-commerce platform has added $100m in equity and debt financing to its coffers, bringing its overall equity funding to $345m.